Question

Find the interest on a sum of ₹ 2500 for 4 years at the interest rate 7 % per annum​

Answer 1

Answer:

Given that :-

Sum = rs. 2,500 , Time :- 4 years, Interest :- 7% per annum

To find :- Interest = ?

Solution :-

$= \frac{p \times r \times t}{100}$

$= \frac{2500 \times 7 \times 4}{100}$

= rs. 700 ans.

• So, the interest amount will be rs. 700.